Ariadne Australia climbs most in 3 months on profit forecast

Ariadne Australia

12/01/2022 02:32

** Investment firm's shares  ARA.AX  rise as much as 3.7% to
A$0.695, set for biggest intraday pct gain since Oct. 15
    ** Company says it expects net profit before tax
attributable for HY ended Dec. 31 to be between A$2 mln and
A$2.5 mln ($1.44 mln-$1.80 mln), after breaking even in HY 21
 urn:newsml:reuters.com:*:nASX5fFWy6     
    ** About 143,000 shares change hands, vs 30-day avg of about
16,000 shares
    ** Company's shares added 37.8% in 2021 

 ($1 = 1.3872 Australian dollars)

 (Reporting by Harshita Swaminathan in Bengaluru)
 ((Harshita.Swaminathan@thomsonreuters.com))